EU leans on Germany in push for hydrogen imports
German government grants all member states access to auction platform and agrees to joint procurement with EU
The European Commission has turned to Germany to help ramp up hydrogen imports in the face of growing global competition for supplies. Germany has agreed to open its state-backed H2Global platform, which launched its first auctions last year, to all EU member states under an agreement reached with the Commission at the end of May. It will also launch joint auctions with the European Hydrogen Bank (EHB), according to European Commissioner for Energy Kadri Simson and Germany’s federal minister for economic affairs and climate action, Robert Habeck. “Germany is the first mover in setting up an international auction” Simson, EU energy commissioner “Germany is set to invest more than €5bn
Also in this section
1 May 2024
High costs and uncertainty over offtake agreements are delaying project investment decisions, according to Aurora Energy Research
1 May 2024
Low clearing prices in first European Hydrogen Bank auction reflect fierce competition for green hydrogen subsidies and buyers’ willingness to pay premium
1 May 2024
Japanese company launches test module at Takasago Hydrogen Park with aim to deploy megawatt-scale demonstration project of electrolyser technology
24 April 2024
Demand for energy purposes to outpace feedstock applications by the 2040s as government policies drive consumption, says DNV